Tether signs MoU with Kazakhstan central bank and Alatau City authority

Tether said it has signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to explore stablecoin use cases, asset tokenization and decentralized finance, according to the company’s 7 October 2026 statement. Under the MoU, the parties said they will study models for stablecoin issuance, define possible use cases and prepare a concept and pilot proposal for a stablecoin pegged to the tenge, Kazakhstan’s national currency. Tether also said the agreement covers development of an asset tokenization framework in Kazakhstan, including potential use of its Hadron tokenization platform, with a pilot project to be launched within the jurisdiction of Alatau city.

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